Rimini Street (RMNI) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
428.8M
Gross Profit
261.0M
60.88%
Operating Income
38.2M
8.91%
Net Income
-36.3M
-8.46%
Balance Sheet Metrics
Total Assets
369.1M
Total Liabilities
438.5M
Shareholders Equity
-69.4M
Cash Flow Metrics
Operating Cash Flow
-44.9M
Free Cash Flow
-42.2M
Revenue & Profitability Trend
Rimini Street Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 428.8M | 431.5M | 409.7M | 374.4M | 326.8M |
| Cost of Goods Sold | 167.7M | 162.5M | 152.4M | 136.5M | 126.2M |
| Gross Profit | 261.0M | 269.0M | 257.3M | 238.0M | 200.6M |
| Operating Expenses | 222.8M | 215.4M | 218.4M | 192.7M | 168.0M |
| Operating Income | 38.2M | 53.6M | 38.9M | 45.3M | 32.5M |
| Pre-tax Income | -36.6M | 41.2M | 3.8M | 19.4M | 16.2M |
| Income Tax | -371.0K | 15.2M | 6.3M | -55.8M | 4.6M |
| Net Income | -36.3M | 26.1M | -2.5M | 75.2M | 11.6M |
| EPS (Diluted) | - | $0.29 | -$0.03 | $0.51 | -$0.19 |
Income Statement Trend
Rimini Street Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 256.3M | 288.7M | 281.7M | 286.8M | 233.2M |
| Non-Current Assets | 112.8M | 105.1M | 109.3M | 104.5M | 46.7M |
| Total Assets | 369.1M | 393.8M | 391.0M | 391.3M | 279.9M |
| Liabilities | |||||
| Current Liabilities | 324.6M | 336.4M | 353.0M | 329.5M | 295.3M |
| Non-Current Liabilities | 113.9M | 96.9M | 115.2M | 142.1M | 187.7M |
| Total Liabilities | 438.5M | 433.3M | 468.2M | 471.6M | 483.0M |
| Equity | |||||
| Total Shareholders Equity | -69.4M | -39.5M | -77.2M | -80.4M | -203.1M |
Balance Sheet Composition
Rimini Street Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -36.3M | 26.1M | -2.5M | 75.2M | 11.6M |
| Operating Cash Flow | -44.9M | 18.7M | 38.5M | 64.6M | 36.4M |
| Investing Activities | |||||
| Capital Expenditures | - | - | - | - | - |
| Investing Cash Flow | 9.8M | 10.3M | -20.1M | 0 | 0 |
| Financing Activities | |||||
| Dividends Paid | - | 0 | 0 | -12.7M | -15.8M |
| Financing Cash Flow | 14.0M | -7.0M | -14.6M | -32.4M | 4.6M |
| Free Cash Flow | -42.2M | 5.3M | 30.6M | 64.8M | 40.6M |
Cash Flow Trend
Rimini Street Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
9.83
Forward P/E
15.00
Price to Book
-7.41
Price to Sales
1.07
PEG Ratio
15.00
Profitability Ratios
Profit Margin
-8.03%
Operating Margin
11.27%
Return on Equity
52.23%
Return on Assets
7.86%
Financial Health
Current Ratio
0.80
Debt to Equity
-1.50
Beta
1.27
Per Share Data
EPS (TTM)
-$0.37
Book Value per Share
-$0.70
Revenue per Share
$4.69
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| rmni | 454.3M | 9.83 | -7.41 | 52.23% | -8.03% | -1.50 |
| Salesforce | 262.0B | 42.88 | 4.33 | 10.31% | 16.08% | 19.81 |
| Intuit | 218.0B | 63.69 | 10.84 | 17.84% | 19.07% | 0.35 |
| Eplus | 1.9B | 17.74 | 1.93 | 11.49% | 5.22% | 15.09 |
| Donnelley Financial | 1.8B | 21.27 | 4.31 | 21.74% | 11.56% | 49.16 |
| Matterport | 1.8B | -6.73 | 4.43 | -55.40% | -151.22% | 0.05 |
Financial data is updated regularly. All figures are in the company's reporting currency.